Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

Read more

Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

Read more

Industry News

California Solar Thermal Project Achieves "First Sync" to Grid

LCG, September 25, 2013--BrightSource Energy Inc. announced yesterday that the Ivanpah Solar Electric Generating System produced its first output of electricity when the Unit 1 station was synchronized to the power grid for the first time. The electric generating capacity of the project, located in California?s Mojave Desert, is 377 MW (net).

The Ivanpah Solar Electric Generating System project will be the world's largest solar thermal plant, utilizing 3,500 acres of public land. The project employs a power tower technology that includes large heliostats that track (in two dimensions) the sun throughout the day to focus the sun's energy on boilers positioned atop 459 foot tall towers. The sun's energy heats the water to create superheated steam that drives turbines and generators to produce electricity.

The project is jointly-owned by NRG Energy, Inc., BrightSource Energy, Inc. and Google. Bechtel is responsible for project engineering, procurement, construction and commissioning.

Pacific Gas and Electric (PG&E) has a power purchase agreement (PPA) for the energy produced from Unit 1 and Unit 3. Southern California Edison has a PPA for the power generated from Unit 2.
Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service